- October 14, 2025
- 9:00 am
- Goodluck Capital
Short term swing trade (B): Metal stock | 11-14% target | Indian stock trading signal on 14 Oct 2025
NOTE
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Closing Price: ₹161.66 (as of Oct 13, 2025)
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StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
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Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
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Upside Potential#: Based on median of the suggested buy range.
Manaksia Coated Metals & Industries Limited, headquartered in Hyderabad, manufactures and sells coated metal products in India and overseas. The company operates through Metal Products and Others segments, offering galvanized and pre-painted steel coils and sheets under the brands Colour Strong, Zingalvo, and Singham. It also produces ultramarine blue powder (sold as Robin Blue) and mosquito repellent coils.
Its products are widely used in roofing, cladding, metal building construction, HVAC systems, appliances, furniture, vehicles, and cold storage solutions. Incorporated in 2010, the company serves both domestic and export markets.
Earnings Call Summary
- Record Revenue Growth: Revenue surged 29.97% YoY to ₹253.94 crore, driven by strong exports (57% of total revenue vs. 26% last year) and higher sales volumes (+18.69% YoY to 29,248 metric tons).
- Exceptional Profitability Jump: Net profit increased 359.70% YoY to ₹14.01 crore, while EBITDA rose 93.36% YoY to ₹28.62 crore with margin expansion of 370 bps to 11.27%.
- Major Capacity Expansion: Three projects worth ₹150 crore are underway — Alu-Zinc upgrade (180,000 MTPA by Q2 FY26), new color coating line (+150,000 MTPA by Q4 FY26), and 7 MW solar plant (saving ₹6–7 crore annually).
- Strengthened Balance Sheet: Raised ₹174.87 crore through preferential warrants (₹161.22 crore infused) for debt reduction, improving Net Debt-to-EBITDA to 2.3x, targeting 1.7x by FY26.
- Peak Capacity Utilization: Galvanizing Line operated at 85%, Color Coating Line at 100%, and exports jumped 166.14% YoY, with Europe as the main market across 40+ countries.
Financial Highlights
| Metric | Q1 FY26 | Q4 FY25 | Q1 FY25 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue (INR Cr) | 253.94 | 207.89 | 195.38 | 22.20% | 30.00% |
| EBITDA (INR Cr) | 28.62 | N/A | 14.8 | N/A | 93.40% |
| EBITDA Margin (%) | 11.27 | N/A | 7.57 | N/A | +370 bps |
| Profit Before Tax (Cr) | 18.7 | 6.86 | 4.03 | 172.60% | 364.00% |
| Net Profit (INR Cr) | 14.01 | 5.03 | 2.98 | 178.50% | 370.10% |
| EPS (INR) | 1.42 | 0.8 | 0.4 | 77.50% | 255.00% |
Earnings Call Summary
- Record Revenue Growth: Revenue surged 29.97% YoY to ₹253.94 crore, driven by strong exports (57% of total revenue vs. 26% last year) and higher sales volumes (+18.69% YoY to 29,248 metric tons).
- Exceptional Profitability Jump: Net profit increased 359.70% YoY to ₹14.01 crore, while EBITDA rose 93.36% YoY to ₹28.62 crore with margin expansion of 370 bps to 11.27%.
- Major Capacity Expansion: Three projects worth ₹150 crore are underway — Alu-Zinc upgrade (180,000 MTPA by Q2 FY26), new color coating line (+150,000 MTPA by Q4 FY26), and 7 MW solar plant (saving ₹6–7 crore annually).
- Strengthened Balance Sheet: Raised ₹174.87 crore through preferential warrants (₹161.22 crore infused) for debt reduction, improving Net Debt-to-EBITDA to 2.3x, targeting 1.7x by FY26.
- Peak Capacity Utilization: Galvanizing Line operated at 85%, Color Coating Line at 100%, and exports jumped 166.14% YoY, with Europe as the main market across 40+ countries.
Financial Highlights
| Metric | Q1 FY26 | Q4 FY25 | Q1 FY25 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue (INR Cr) | 253.94 | 207.89 | 195.38 | 22.20% | 30.00% |
| EBITDA (INR Cr) | 28.62 | N/A | 14.8 | N/A | 93.40% |
| EBITDA Margin (%) | 11.27 | N/A | 7.57 | N/A | +370 bps |
| Profit Before Tax (Cr) | 18.7 | 6.86 | 4.03 | 172.60% | 364.00% |
| Net Profit (INR Cr) | 14.01 | 5.03 | 2.98 | 178.50% | 370.10% |
| EPS (INR) | 1.42 | 0.8 | 0.4 | 77.50% | 255.00% |
Price Performance

Volume Analysis

Price Performance

Volume Analysis

Key Observations
- Following a rounding bottom breakout, the stock rallied to its all-time high near ₹172.
- After reaching the peak, it underwent a 25% correction before staging a rebound.
- In the latest session, a strong bullish candle formed with high trading volumes, indicating potential for further upward movement.
Technical Image - Daily Timeframe

Key Observations
- Following a rounding bottom breakout, the stock rallied to its all-time high near ₹172.
- After reaching the peak, it underwent a 25% correction before staging a rebound.
- In the latest session, a strong bullish candle formed with high trading volumes, indicating potential for further upward movement.
Technical Image - Daily Timeframe

Oscillators
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 68.25 | Neutral |
| CCI-14 | 155.84 | Overbought |
| MFI | 96.37 | Overbought |
| ROC | 23.45 | Positive |
| Stochastic %K | 85.21 | Overbought |
| William %R | -14.79 | Overbought |
Exponential Moving Averages (EMAs)
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 150 | Above |
| 10 EMA | 146 | Above |
| 20 EMA | 144 | Above |
| 50 EMA | 142 | Above |
| 100 EMA | 135 | Above |
| 200 EMA | 118 | Above |
Oscillators
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 68.25 | Neutral |
| CCI-14 | 155.84 | Overbought |
| MFI | 96.37 | Overbought |
| ROC | 23.45 | Positive |
| Stochastic %K | 85.21 | Overbought |
| William %R | -14.79 | Overbought |
Exponential Moving Averages (EMAs)
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 150 | Above |
| 10 EMA | 146 | Above |
| 20 EMA | 144 | Above |
| 50 EMA | 142 | Above |
| 100 EMA | 135 | Above |
| 200 EMA | 118 | Above |
Manaksia Coated Metals & Industries Stock Price Forecast
Based on our swing stock trading consultant, the Manaksia Coated Metals & Industries Stock Price target will be INR 175 - INR 180 in the next 14-15 trading sessions.
Manaksia Coated Metals & Industries Stock Price Forecast
Based on our swing stock trading consultant, the Manaksia Coated Metals & Industries Stock Price target will be INR 175 - INR 180 in the next 14-15 trading sessions.
Analyst Summary
The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).
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Months
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35% OFF
₹ 40000
Price
₹ 25900
Months
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50% OFF
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Price
₹ 39900
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- 20 June — 20 December (6 Months)
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- Precise Entry, Target and StopLoss.
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- : 7% - 8%
- : 12-14 days
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Buy Le Travenues Technology
nse: ixigo
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- Sell Target
- StopLoss
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- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
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Buy Privi Speciality Chemicals
nse: priviscl
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- Sell Target
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- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
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Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
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- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
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Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
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- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
- Ultra Swing Trading Advice
Features
- 10—12 swing trade advice / month
- expected upside 6%—8% per trade
- short term trade holding 1-2 weeks
- minimum capital required ₹2.5 lakh
Select Subscription
Months
01
Price
₹ 6666
Months
03
20% OFF
₹ 20000
Price
₹ 15900
Months
06
35% OFF
₹ 40000
Price
₹ 25900
Months
12
Price
₹ 39900
Months are referred as calendar months
- e.g. 12 January — 12 April (3 Months)
- 20 June — 20 December (6 Months)
Looking for more information?
Our FAQ section covers everything you need to know about Swing Trade Subscription
Ultra Swing Trading Benefits
- ideal for short term positional traders
- receive trading advice via Whatsapp
- precise Entry, Target and StopLoss
- preferred largecap & midcap stocks
- revised targets & stoploss if required
- alert message for target or stoploss hit
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
Ultra Swing Trading Benefits
- ideal for short term positional traders
- receive trading advice via Whatsapp
- precise Entry, Target and StopLoss
- preferred largecap & midcap stocks
- revised targets & stoploss if required
- alert message for target or stoploss hit
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
More Trading & Investment Advice
Looking for more information?
Our FAQ section covers everything you need to know about Swing Trade Subscription
Ultra Swing Trading Benefits
- ideal for short term positional traders
- receive trading advice via Whatsapp
- precise Entry, Target and StopLoss
- preferred largecap & midcap stocks
- revised targets & stoploss if required
- alert message for target or stoploss hit
-
Buy Piramal Pharma
nse: pplpharma
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 190 - 194
- : 204 - 207
- : below 180
- : 7% - 8%
- : 12-14 days
-
Buy Le Travenues Technology
nse: ixigo
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 215 - 220
- : 240 - 240
- : below 195
- : 10% - 13%
- : 14-15 days
-
Buy Privi Speciality Chemicals
nse: priviscl
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 1845 - 1875
- : 1975 - 2000
- : below 1770
- : 6% - 8%
- : 12-14 days
-
Buy BASF India
nse: basf
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 5450 - 5600
- : 6050 - 6200
- : below 5200
- : 10% - 12%
- : 12-14 days
-
Buy S H Kelkar
nse: shk
- Best Buy Range
- Sell Target
- StopLoss
- Potential Upside
- Approx Trade Duration
- : 285 - 300
- : 330 - 340
- : below 270
- : 13% - 16%
- : 14-15 days
